The trend is "quiet up" and the bulls seem to be strong in this market, but it also looks like it's hit resistance and at least some correction might ensue, It's really hard to say, because the EUR is one of the strongest currencies now (somewhat reflecting the gold's strength) and I believe this market won't stop rising until it reaches 1.14 (a 100% size of the Jan-Mar-2015 rally). And yet, on the other hand, it seems to be out of breath, failing to reach 1.12, the upper border of the channel and the former key (pink) trendline.
